If you would like to make a bank withdrawal, you’ll need to verify your bank account details. You’ll clearly see which payment options are available for your account type. You can also Contact Axi via phone, email or live chat to request a download link. Once you’ve logged in, select ‘Download MT4’ from the main menu. Written by pro traders, it’s a free five-part series featuring a crash course in MT4. We’ve put together some useful videos to walk you through the ins and outs of our MT4 platform.
Axi’s Customer Service
The Elite Account is designed for wholesale or professional traders. This gives you access to over 70 FX pairs, free AutoChartist, and a free VPS service (the VPS service is subject to a minimum trading volume). With no minimum deposit, the MT4 Standard Account is a commission-free account where spreads start at 1 pip. Axi offers a decent range of trading instruments with average leverage.
Be aware that you will pay a conversion fee if the base currency of your account is anything other than your deposit currency. A well-regulated broker, Axi ensures that all Anti-Money Laundering rules and regulations are followed, and as such, all non-profit withdrawals are returned to the deposit source. It also charges no fees for deposits or withdrawals via any method, a rare feature amongst Forex brokers. It has a minimum deposit of 25,000 USD, spreads that start at 0.0 pips on the EUR/USD, and a commission of only 3.5 USD round trip, making it one of the lowest cost accounts in the industry.
Global Regulation
- FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis.
- Axi has a carefully selected range of trading tools that all MT4 users will find useful.
- Autochartist’s advanced pattern recognition engine identifies the strongest potential trading opportunities and predicts future price movements.
- Axi offers an excellent range of trading tools that integrate seamlessly with the MT4 platform.
- PsyQuation is one of the world’s most advanced data analytics plugins for retail traders.
- Important legal documents in relation to our products and services are available on our website.
Using highly sophisticated algorithms, it works like a trading coach, analysing your trading style, identifying mistakes, and helping you avoid making similar mistakes again. PsyQuation is one of the world’s axi review most advanced data analytics plugins for retail traders. The market scanner provides statistically significant market movements and identifies important price levels that are catalysts for market movements. Autochartist’s advanced pattern recognition engine identifies the strongest potential trading opportunities and predicts future price movements.
Account Currencies and Funding Options
Before you can place a live trade, you’ll need to add funds to your trading account. As traders ourselves, we understand what is important in trading. If you have an existing live account and need to download, update or reinstall the MetaTrader 4 platform, the latest version is available in the Client Portal. When you complete a live or demo application and create an account, you will be sent a link to download the platform on your preferred computer or device.
Forex Trading – A Beginner’s Guide
Our accounts were approved within minutes, which is exceptionally fast for the industry. Opening an account at Axi is a quick and hassle-free process. The FCA and ASIC are considered some of the best regulators in the world, providing traders with a high level of protection. With competitive pricing on raw spreads, high liquidity, and fast execution Axi is our best ECN broker of 2020. We were also impressed that beginners have access to high-quality, structured learning material and frequent market analysis.
Axi’s trader education is better than most other ECN brokers, with detailed information in video and text format for both beginners and more experienced traders. Prices and exact services offered vary by provider, but some are free once you hit a minimum trading volume of 20 lots PCM. It allows traders to monitor and modify their trades, manage their accounts, add stops to positions, and delete orders. Although Axi only supports the MetaTrader 4 (MT4) platform, it is truly customisable, with a range of tools and plugins that can be added to the platform to make it more powerful.
Trade 220+ products with unbeatabletrading conditions
If you don’t have any of these documents on hand, click “Skip this step and come back later” to complete the rest of the application and upload the documents at a later stage. Fostering a positive impact on the world is deeply ingrained in our values, starting with being part in the communities where we live and work. At Axi, we want to reshape the world of trading, but we want to make other positive changes too. United by a shared passion for the edge, Axi has proudly partnered with Manchester City, the reigning team of Premier League, since 2020. Surpassed monthly client trading volume of US$100 billion, putting AxiCorp amongst top 10 global FX providers Founded in 2007, our brand has grown from a two-person startup to a highly respected global group of companies, valued by thousands of traders in 100+ countries.
Check out these other guides to enhance your forex trading knowledge and skills. To ensure fairness and transparency, we independently verify broker claims and integrate real-user feedback, regulator data, and live trading tests. All new and existing clients have dedicated account management and access to customer support 24/5 via telephone, email, and live chat. Axi has a carefully selected range of trading tools that all MT4 users will find useful. Axi offers an excellent range of trading tools that integrate seamlessly with the MT4 platform. Axi’s trading tools transform the MT4 platform into a state-of-the-art trading terminal.
Deposit & Withdrawal
- Opening an account at Axi is a quick and hassle-free process.
- Tune in to “Let’s Talk Forex,” a podcast designed for traders of all levels.
- The Standard Account has the trading costs included in the spread while the Pro and Elite accounts offer tighter spreads and a small commission per trade.
As soon as your bank account has been verified by our team, you’ll be able to withdraw funds instantly for future transactions. Adding a bank account is easy and only needs to be done once! If you don’t have a bank account already saved, you will need to do this in the “Bank Account” section within the Client Portal, which will display the following page. Please note that to withdraw funds, you will need to have at least one bank account saved and verified. You will see the following details appear (the bank account details will adjust automatically to display the correct option).
Select another broker to another broker to compare features, fees, and platforms side by side. Axi combines leading ECN trading conditions on the pro account with world-class regulatory oversight. Other highlights include a detailed and well-structured course for beginners and leading market analysis for all clients. Axi’s range of financial instruments is slightly limited compared to other brokers, but it offers over 70 Forex pairs and we were pleased that it recently added 50 global share CFDs. From investing in new tech, to strengthening our global presence, we do everything we can to help sharpen your trading edge.Want to partner with us? Deposit at least $500 USD into your account, start trading and achieve an Edge score of at least 50.
Axi offers a demo account with a virtual balance of 50,000 USD that remains open for 30 days. It also offers a free demo account, but it expires in 30 days. Overall, not as in-depth as you may expect from a broker of this type, but all analysis is solid and well-written. The regular analysis includes a weekly market preview, charts of the day, charts of the week, and a daily briefing on the market open. Because every Axi client gets a unique PsyQuation Score, you can use the PsyQuation leaderboard to follow the most successful traders – details provided include performance history and equity curve.
Why traders join Axi Select
Since 2007, we’ve made it our mission to give customers the ultimate trading experience. We’ve found a partner that shares our drive, dedication and passion for the edge. We’re a top 10 global trading company, trusted by 60,000+ ambitious customers in 100+ countries.
How Are The Best Forex Brokers Scored?
What is a spread in trading, what is spread trading itself, and how to trade spreads? Independent beer maker BrewDog has been waiting for markets to recover before listing for an Initial Public Offering. Ultra-competitive pricing and fairer charges, so more of your money is invested in the markets.
Receive funding in a separate Allocation account from $5k USD to $1 million USD. By meeting the requirements for every stage, clients can gradually build expert professional skills and trade $1 million USD of Axi funds in Pro M. Assesses whether you meet minimum criteria for displaying credible trading experience. Evaluates your proficiency in managing risks effectively.
Tune in to “Let’s Talk Forex,” a podcast designed for traders of all levels. We’ve tested hundreds of Forex brokers to find the safest, low-cost, and reliable brokers. Explore more resources that fellow traders find helpful! The radar chart to the left shows how important each category is when calculating a broker’s final score. While using your demo account, Axi will provide you with a dedicated account manager to assist you and answer any questions you may have.
The 1st Free Funded Trader Program up to $1 million USD
FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. The live chat agents were also responsive and highly knowledgeable. For the purposes of the review, we tested the live chat and email services.